BP recently announced that it has received the approval from the Oil and Gas Authority (OGA) to proceed with the Vorlich development in the central North Sea, which will target 30 million barrels of oil equivalent, expected to produce 20,000 barrels gross of oil equivalent a day at peak.
The £200M project is part of a program of North Sea subsea tie-back developments that seek to access important new production from fields located near to established producing infrastructure.
Vorlich, a two-well development approximately 241kms east of Aberdeen, will be tied back to the Ithaca Energy-operated FPF-1 floating production facility, which lies at the centre of Greater Stella Area production hub. Ithaca has a 34% interest in Vorlich. The field is expected to come onstream in 2020.
BP North Sea Regional President Ariel Flores said: “BP is modernising and transforming the way we work, with a focus on accelerating the pace of delivery of projects like Vorlich. Without compromising safety, we want to simplify our processes, reduce costs and improve project cycle time to increase the competitiveness of our North Sea business. This is increasingly important as competition for global investment funds gets stiffer.
